18-September-2025
Economy News
 
Instant View: Canada's Annual Inflation Rate in August Rises Less Than Expected
17-Sep-2025

Canada's annual inflation rate rose 1.9% in August as petrol prices on a yearly basis fell at a slower pace than the previous month and food prices were up slightly, data showed on Tuesday. "I think it cements a cut tomorrow." "All the core gauges month-over-month, seasonally adjusted at an annualized rate came in quite soft here ... We've had several months of softening core inflation."

News Source:- https://money.usnews.com/investing/news/articles/2025-09-16/instant-view-canadas-annual-inflation-rate-in-august-rises-less-than-expected